Meritage Portfolio Management Acquires 4,093 Shares of Vanguard Small-Cap Growth ETF (NYSEARCA:VBK)

Meritage Portfolio Management grew its stake in Vanguard Small-Cap Growth ETF (NYSEARCA:VBK) by 36.5% during the third quarter, HoldingsChannel.com reports. The firm owned 15,310 shares of the company’s stock after buying an additional 4,093 shares during the period. Meritage Portfolio Management’s holdings in Vanguard Small-Cap Growth ETF were worth $4,093,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Oppenheimer & Co. Inc. grew its position in shares of Vanguard Small-Cap Growth ETF by 9.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 1,722 shares of the company’s stock worth $449,000 after buying an additional 142 shares during the period. Concurrent Investment Advisors LLC grew its holdings in Vanguard Small-Cap Growth ETF by 11.3% during the first quarter. Concurrent Investment Advisors LLC now owns 3,470 shares of the company’s stock valued at $905,000 after purchasing an additional 352 shares during the period. QRG Capital Management Inc. increased its stake in Vanguard Small-Cap Growth ETF by 26.0% in the first quarter. QRG Capital Management Inc. now owns 2,061 shares of the company’s stock valued at $537,000 after purchasing an additional 425 shares in the last quarter. US Bancorp DE raised its holdings in Vanguard Small-Cap Growth ETF by 20.8% in the first quarter. US Bancorp DE now owns 322,365 shares of the company’s stock worth $84,048,000 after purchasing an additional 55,435 shares during the period. Finally, Focused Wealth Management Inc boosted its position in shares of Vanguard Small-Cap Growth ETF by 7.3% during the first quarter. Focused Wealth Management Inc now owns 25,654 shares of the company’s stock worth $6,689,000 after purchasing an additional 1,753 shares in the last quarter.

Vanguard Small-Cap Growth ETF Stock Up 1.4 %

Shares of VBK stock opened at $290.26 on Monday. The firm has a market capitalization of $19.56 billion, a price-to-earnings ratio of 23.60 and a beta of 1.31. Vanguard Small-Cap Growth ETF has a 12-month low of $201.92 and a 12-month high of $290.26. The firm has a fifty day moving average of $266.43 and a 200-day moving average of $257.12.

Vanguard Small-Cap Growth ETF Company Profile

Vanguard Small-Cap Growth ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Growth Index (the Index). The Index is a diversified index of growth stocks of smaller United States companies.